KARACHI: Karachi Chamber of Commerce and Industry (KCCI) and some educational institutions have been picked up as a candidate by European Union to finance the capacity building and manpower development projects with a fund of 13.5million Euros.

The EU delegation under the lead of their Senior Expert, Murrray G. Smith and Dr. Arthen E. Appleton facilitated by Mr. Samir S. Amir, Director Research, Pakistan Business Council had a meeting with Mr. Shamim Ahmed Shamsi, President, KCCI in his office. Mr. Murray G. Smith and Shamsi deliberated upon the issues relating to modern technologies and identified the areas for transfer of the technology in Pakistan.

The KCCI President suggested that EU should put minimum duties on Pakistani goods for consumers of EU.

The delegation invited Mr. Shamsi to attend a meeting on 26th May 2008 in Islamabad, wherein representatives of various institutions/organizations would be given a presentation on this EU Programme. Mr. Shamsi assured the representation of KCCI in the meeting.